Bjørge Eureka AS, a subsidiary of Bjørge ASA, has entered into a long term offshore contract for delivering of pump systems. The order value is estimated to be 100 MNOK (Approximately USD $16,7 million) divided over five years. Bjørge Eureka AS is a comprehensive pump supplier with long experience i
Dana Petroleum reports the successful flow testing of the recently drilled appraisal well at the Blackbird oil field, in the UK Central North Sea. The 20/2a-9 well, operated by Nexen Petroleum UK, was drilled in a water depth of approximately 367 feet to a total measured depth of 12,000 feet, target
Technip has been awarded by Statoil ASA a contract, worth approximately €23 million, for the development of the Snorre field in the Norwegian North Sea. The contract covers the welding and installation of a 9 kilometer-long rigid steel flowline(1) to connect the Snorre A and B platforms. It also inc
The Norwegian authorities’ has approved the development plan for the Norwegian gas field Marulk. As earlier announced DONG Energy agreed to the development plan in July 2010. The field is estimated to contain 71 million barrels of oil equivalents (boe) in total commercial reserves and to be in produ
A transaction worth US$2 billion on the sale of Devon Energy company’s share in the Azerbaijani oil and gas project “Azeri-Chirag-Guneshli” will be concluded with British BP on August 16, Devon’s representatives said at the presentation of the report for the second quarter of 2010. According to the
Heerema Vlissingen, one of the three production locations of Heerema Fabrication Group (HFG), has been awarded the EPC contract of a minimum facilities platform for the Breagh A Development. This is the second contract this year to be awarded by RWE Dea UK to Heerema Vlissingen, following an award o
On August 4, the second line of the Nord Stream gas pipeline reached at Russian coast at Portovaya bay near Vyborg. Like the first line… [mappress] Source: oilandgaseurasia, August 9, 2010:
Songa Venus achieved operating efficiency of 96% during the month, the rig continued its work on the first out of 3 firm wells for Shell Development (Australia). Shell confirmed and exercised first out of 3 optional wells, this well has further been assigned to MEO Australia Limited. Songa Mercur ac
Unions have won a tribunal case on behalf of workers at Cleveland Bridge who were made redundant following the collapse of the SeaDragon contract on Teesside. Darlington-based Cleveland Bridge announced 140 jobs losses last year after being compelled to stop work on the offshore contract. Oil firm S
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a contract in the UK sector of the North Sea valued in excess of US $100 million. The Subsea 7 work scope is to engineer, fabricate, install and commission a pipeline bun
Hess Corporation announced today that it has agreed to sell $1.25 billion of notes with a 5.60% coupon maturing on February 15, 2041 in a registered public offering led by Goldman, Sachs & Co., J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated, Deutsche Bank Securities Inc. and RBS Secu
EnCore Oil plc announces that the J.W.McLean rig has arrived at the Cladhan location on UK Northern North Sea blocks 210/29a & 210/30a and operations have commenced to sidetrack and delineate the oil discovery made in December 2008. The equity in the Cladhan joint venture partnership is as follows:
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has entered into a global technology partnership agreement with CRC-Evans Pipeline International (CRC-Evans) that will lead to both companies providing a range of enhanced pipeline fabric
RWE Dea UK announced today that the contract for the engineering, procurement and construction (“EPC”) of a minimum facilities platform for the Breagh A Development has been awarded to Heerema Vlissingen B.V. (“Heerema”). This is the second contract this year to be awarded by RWE Dea UK to Heerema,
